NN ranks #2595 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
NN is a top-conviction position for Clutterbuck Capital Management LLC — at 90.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in NN belongs to Fortress Investment Group LLC, but the position matters far more to Clutterbuck Capital Management LLC, who has 90.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its NN position for two straight quarters, increasing it by $83.9M to reach $85.0M today.
Philosophy Capital Management LLC has trimmed its NN position for two straight quarters, cutting it by $14.2M while still holding $413.7K.
NN is up 0.9% today, and institutions have been net buyers of $427.3M this quarter — today's price move and the underlying institutional flow are pointing the same direction.